Which of the following statements best describe an agency by estoppel?
A) It refers to an agency that arises when a principal ratifies a contract created by an unauthorized agent.
B) It refers to an agency created when a principal and an agent expressly agree to enter into an agency agreement.
C) It refers to an agency that is not expressly stated but is implied and inferred in the conduct of the parties.
D) It refers to an agency that arises when a principal creates the appearance of an agency that in actuality does not exist.
Correct Answer:
Verified
Q17: Which of the following statements is true
Q18: Martin,who wants to sell a house he
Q19: Martin,who wants to sell a house he
Q20: Which of the following statements is true
Q21: Which of the following statements is true
Q21: If a person employs an architect to
Q23: Which of the following statements best describes
Q25: _ refers to an agent's duty to
Q27: An express agency agreement that is often
Q65: A power of attorney where a principal
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents